Mergers & Acquisitions

Petro Serve USA Buys West Fargo Truck Stop

Will install new diesel dispensers, fuel loyalty program

WEST FARGO, N.D. -- Petro Serve USA has purchased the West Fargo Truck Stop in North Dakota, reported The West Fargo Pioneer.

Petro Serve USA truckstops (CSP Daily News / Convenience Stores / Gas Stations)

"It was kind of the old truckstop," Kent Satrang, Petro Serve CEO and general manager, told the newspaper.

The business, which currently employs seven people, will continue to operate as a Cenex gas station/truckstop, convenience store, lunch counter and propane filling site, Satrang said.

"We will be keeping the same great food," he said. "It does a huge amount of food business over the lunch hour."

Petro Serve plans to install new diesel fuel pumps and is adding NATSN, a loyalty program among independent truckstops that allows drivers to earn points when purchasing fuel, Clark Erickson, Petro Serv chief operating officer, told the paper.

"It won't be an interstate truckstop," said Satrang. "It's more like a neighborhood truckstop."

Petro Serve USA is a regional energy supplier specializing in "100% American Made Fuels." It is a leading supplier of home heating oil, commercial and agricultural fuel, propane and lubricating oil in the Fargo, N.D.-Moorhead, Minn., area. It also operates 21 gas stations and convenience stores across Minnesota and North Dakota. The company features bio-blender pumps and is a major proponent of renewable fuels, introducing midgrade ethanol and soy diesel blends into many cities in the region.

"Our passion is to partner rural corn fields with Western North Dakota's Bakken oil fields. This partnership will bolster our region's local economies and bring savings to the driving public by providing a renewable fueling choice at the gas pump," the company said on its website.

Click here to view the full West Fargo Pioneer report.

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